California Revenue and Taxation Code

§ 20639.5

RTC § 20639.5 Effective Jan 1, 2019Div. 2 · Part 10.5 · Ch. 3.3

Statute text

The Controller may require security for the postponement of property taxes pursuant to this chapter of the following:

(a)A security interest in the manufactured home in the form and manner prescribed by the Controller.

(b)(1) Any other additional security interest created and perfected with respect to the rights of third persons in the manner provided by law for such type of security interest which the Controller deems necessary to protect the interest of the state with regard to the repayment of postponed amounts by the claimant or the deceased claimant’s estate.

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Legislative history

Added by Stats. 2018, Ch. 896, Sec. 15. (SB 1130) Effective January 1, 2019. Operative July 1, 2019, pursuant to 20639.13.